After trending higher in recent sessions, stocks are giving back ground in morning trading on Wednesday. The major averages have all moved to the downside, with the tech-heavy Nasdaq leading the way lower.
In recent trading, the Nasdaq and the S&P 500 have fallen to new lows for the session. The Nasdaq is down 164.03 points or 1.3 percent at 12,938.52, the S&P 500 is down 33.91 points or 0.8 percent at 4,271.29 and the Dow is down 188.86 points or 0.6 percent at 33,963.15.
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